Shake Shack (SHAK) option implied volatility elevated into EPS and outlook
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Cowen Remains Sidelined on Shake Shack (SHAK) Following 2Q
August 3, 2018 7:30 AM EDTCowen reiterated a Market Perform rating and $59.00 price target on Shake Shack (NYSE: SHAK) following the company's 2Q release. Shake Shack reported 2Q adjusted EPS of $0.29, ahead of $0.18 consensus. Management seemed encouraged by traction with digital and delivery, though the company remains mum on... More
